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SEC Chair Paul Atkins and CFTC Chair Mike Selig spoke on CNBC on Thursday as debate continues over stablecoin yield in the CLARITY Act. US Securities and Exchange Commission Chair Paul Atkins and Commodity Futures […]
Lawmakers begin debating amendments to a sweeping digital asset market structure proposal as Congress looks to clarify oversight of crypto markets. US lawmakers are beginning a key markup session Thursday morning on a long-awaited crypto […]
The House of Lords Financial Services Regulation Committee has opened an inquiry into proposed stablecoin rules in the United Kingdom, seeking public input on plans put forward by the Bank of England (BoE) and the […]
Dakota, a stablecoin-focused neobank founded by veterans of Coinbase, Square, and Airbnb, has launched a platform that allows fintechs and enterprises to embed regulated, programmable global money movement via APIs. Cross-border money movement remains slow […]
OSL Group has raised $200 million in equity financing as it steps up plans to expand its stablecoin trading and payment businesses globally. The Hong Kong–listed digital asset company said the capital injection will strengthen […]
South Korea’s National Assembly has approved an overhaul of the country’s crypto licensing regime, tightening entry requirements for virtual asset service providers (VASPs) and expanding scrutiny to include controlling shareholders. On Thursday, lawmakers passed an […]
Bybit, one of the world’s biggest crypto exchanges by trading volume, plans to launch retail banking services on its platform starting in February, the company said Thursday. Bybit unveiled the product, “My Bank powered by […]
Abu Dhabi-based Universal Digital has launched USDU, the first US dollar‑backed stablecoin to be registered by the Central Bank of the United Arab Emirates (CBUAE) as a Foreign Payment Token under the Payment Token Services […]
Six US senators have challenged Deputy Attorney General Todd Blanche for shutting down the Department of Justice’s cryptocurrency enforcement team in April last year while holding substantial amounts of cryptocurrency at the time. Blanche disbanded […]
The United States Securities and Exchange Commission has released new guidance on tokenized securities, categorizing assets into two categories to provide more clarity for companies entering the space. The SEC’s statement on tokenized securities, released […]
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